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in simple terms revenue recognition rules are made to stop companies from recording revenue that theyamp;#39;re not entitled to itamp;#39;s that simple hey guys welcome back to the channel this video is meant to be your basic guide to revenue recognition where we break things down and make it understandable even if youamp;#39;re not in accounting if youamp;#39;re new here welcome welcome my name is bill hannah iamp;#39;m the financial controller iamp;#39;m a licensed cpa in the great state of new york and i have over 15 years of experience in the field of finance where i started out at pricewaterhousecoopers as an auditor and then i transitioned out to private industry and then i worked my way up from a financial analyst position all the way up to a corporate controller position which is what i do today and this channel is all about giving you the summary or the juice of my experience over the last decade and a half and i do this here in the youtube channel as well as on